NOT LISTED FOR SALE

12 Philips Ave Middletown, RI 02842

Estimated Value: $504,000 - $594,000

3 Beds
1 Bath
1,472 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $400,000 $272 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,310/month

58 Days on Market

Highlights

  • Marina
  • Deck
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Thermal Windows

About This Home

As of June 2023

This well-loved Ranch offers convenient, one-level living tucked away in a desirable Middletown neighborhood. Ready for its new stewards to put their own touches on it. This house has a nice fluid layout offering sunny dining room which leads to the eat in kitchen and toward the living room all in on the front side of the home. The back side of the home offers three bedrooms. Hardwood floors throughout most of the home. The basement currently has a finished area, laundry and storage. The real star of the show is the back yard which has ample space perfect for outdoor entertainment! 8 Year young roof, boiler and oil tank, newer hot water heater and updated electrical panel! Quick access to Rt. 114, allowing for a short commute to the Navy Base, Newport Pell Bridge, Mt. Hope Bridge, and Rt. 24 with ease.

Last Agent to Sell the Property

Jennifer Hilton

Keller Williams Coastal License #RES.0040575 Listed on: 04/14/2023

Keller Williams Coastal

Last Buyer's Agent

Tammy Bass

Serhant New England License #RES.0040116

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R10

Parking

  • No Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Family Room
  • Laundry Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Accessibility Features
  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 12PHILIPSAVMDLT

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,618

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Inclusions: Estate Sale. Roof about 8 years old Boiler about 8 years old Hot water tank 2017 Updated electrical panel but some original wiring- ungrounded
  • Above Grade Finished Sq Ft: 972.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oil Water Heater, Water Heater
  • Accessibility Features: Accessibility Features
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 1472.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 12PHILIPSAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3618.0
  • Tax Lot: 47
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 16, 2023
Sold by
Roeske David D
Bought by
Mann Nathan J
Seller's Agent
Jennifer Hilton
Keller Williams Coastal
Buyer's Agent
Tammy Bass
Serhant New England
List Price
$485,000
Sold Price
$400,000
Premium/Discount to List
-$85,000
-17.53%
Views
221
Current Estimated Value
$550,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,130
Avg. Annual Appreciation
12.99%
Original Mortgage
$408,600
Outstanding Balance
$397,238
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,892
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mann Nathan J $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mann Nathan J $408,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $400,000 0.0% $272 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $400,000 -14.0% $272 / Sq Ft
04/26/2023 04/26/23 Price Changed $465,000 -4.1% $316 / Sq Ft
04/14/2023 04/14/23 For Sale $485,000 -- $329 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,405 $458,400 $307,200 $151,200
2024 $5,122 $454,900 $307,200 $147,700
2023 $3,790 $301,000 $198,200 $102,800
2022 $3,618 $301,000 $198,200 $102,800
2021 $3,618 $301,000 $198,200 $102,800
2020 $3,430 $249,300 $146,500 $102,800
2018 $3,428 $249,300 $146,500 $102,800
2016 $3,355 $217,600 $122,900 $94,700
2015 $3,273 $217,600 $122,900 $94,700
2014 $3,298 $205,200 $111,700 $93,500
2013 $3,224 $205,200 $111,700 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1333437

State-Wide MLS

APN: MIDD-000105-000000-000047